Slide 1: Investor Presentation
Investor Presentation JULY 2019
Slide 2: Disclaimer
Disclaimer This presentation has been independently prepared by of the Company, which may be withheld in its absolute presentation. To the maximum extent permitted by law, the Vysarn Limited (“the Company” or “Vysarn”) to provide discretion. Company and any of its affiliates and their directors, off
Slide 3: Corporate Snapshot
Corporate Snapshot The Company aims to become a significant provider of production critical services and solutions to the resources, construction and utilities industries VYSARN LIMITED (ASX:VYS)1 Minimum Maximum subscription subscription ($5m) ($7m) Public Offer Issue Price $0.054 $0.054 Shares on
Slide 4: Board at Listing
Board at Listing Well-known and highly regarded business leader with over 30 years’ experience managing a diverse Mr Peter Hutchison portfolio of industrial investments in manufacturing, engineering, construction and property, at the Non-Executive most senior levels. Founding Director of Forge Group
Slide 5: Asset Value
Asset Value Prospectus Orderly Liquidation Market Value ($m) Acquisition ($m) Value ($m) Plant & Equipment1 13.00 17.27 23.36 Inventory2 3.00 3.00 3.00 Intangible3 2.50 2.50 2.50 Cash + Receivables4 3.47 3.47 3.47 Total Assets 21.97 26.24 32.33 Debt4 (8.00) (8.00) (8.00) Equity 13.97 18.24 24.33 Sha
Slide 6: Acquisition Overview
Acquisition Overview Cash reserves - ~$7m Westpac Debt Facility - $8.8m Public Offer - $5m–$7m at $0.054 per Share Share Sale Agreement – Vysarn to acquire 100% of Pentium Hydro Pty Ltd (a recently established SPV) Asset Sale Agreement – Vysarn and Pentium to acquire waterwell drilling assets used b
Slide 7: Investment Highlights
Investment Highlights Transformative Acquisition - Vysarn to enter the mining services sector with high quality water well drilling assets used in Ausdrill’s hydrogeological drilling business (formerly) known as ‘Connector Drilling’ Support from ‘Big 4’ Bank - Westpac to provide debt funding of $8.8
Slide 8: History of the Connector Drilling Assets
History of the Connector Drilling Assets Indicative Vysarn lodges public completion date Indicative date for Vysarn to be offer prospectus of acquisition reinstated to Official Quotation on ASX 11 July 2019 Mid/late August 2019 Late August 2019 1992 February 2011 October 2018 February 2019 11 April
Slide 9: Business Model
Business Model The Ausdrill Assets will underpin the Company’s aim to become a significant provider of production critical services and solutions to the resources, construction and utilities industries, with an initial focus on providing WATER related services to the resources industry Mine Dewateri
Slide 10: WA Pilbara Operating Iron Ore Mines 2019
WA Pilbara Operating Iron Ore Mines 2019 ■ The WA Resources Sector Source: http://www.australianminesatlas.gov.au/?site=atlas abstracted ~654GL of water in 2016 ■ The Pilbara region accounted for ~450GL (roughly the size of Sydney Harbour at ~500GL) ■ This is estimated to increase to ~578GL by 2024,
Slide 11: Revenue Sources and Growth Strategy
Revenue Sources and Growth Strategy ▪ Deed of Assignment executed for Ausdrill / Hancock drilling services contract ▪ Advanced discussions re new General Works Contract Contracts at Listing with Roy Hill ▪ Advanced discussions re Dry Hire arrangement with drilling services company ▪ Rig Utilisation:
Slide 12: Groundwater Network Services
Groundwater Network Services Scope Delivery Scope Delivery Scope Delivery Program Management Improvement in productivity Water infrastructure supply and HDPE, tank and turkey nest Analysis of Results and Hydrogeological services and cost installation installation Reporting Drill program and pump sta
Slide 13: Key Contacts
KEY CONTACTS Mr Peter Hutchinson Registered Office Chairman 108 Outram Street, West Perth WA 6005 Telephone: +61 8 9486 7244 ASX Code: VYS Website: www.vysarn.com.au 13 VYSARN LIMITED ASX:VYS